🚨 BREAKING: PRESIDENT TRUMP PROMOTES HIS OWN MEME COIN!

U.S. President Donald Trump has stirred controversy by endorsing a meme coin named $TRUMP on his Truth Social account.

President Donald Trump has sparked a buzz in the crypto sphere with his latest post on Truth Social, where he shared his affection for a meme coin named $TRUMP.

“I love my meme coin - $TRUMP!” Trump wrote.

Following his endorsement, $TRUMP experienced an 11% surge in the hour after his post.

While some supporters are lauding this move, critics are quick to point out the inappropriateness of a sitting president promoting what many deem a questionable project.

Investors should also be aware of an upcoming token unlock.

Major $TRUMP Token Unlock Incoming: What To Know

A significant amount of $TRUMP tokens will be unlocked on April 18, which will be fully realized within an hour of the time of writing.

* Token unlock: $TRUMP

* Unlock date: April 18

* Amount: 40 million $TRUMP

* Value: $484.9 million

* Impact: 4% of total supply.

This unlock will be a major event for $TRUMP investors to watch out for, as it could have a significant impact on the price of the token.

The token has experienced a price crash since the start of the year, now trading at $11.65 at the time of writing, according to CoinGecko. At the time of writing, TRUMP is ranked 1,048 on CoinMarketCap.

Earlier this year, reports circulated that $TRUMP was a rugpull and scam project.

One crypto analyst claimed that $TRUMP is a "scam" and that it is being used to "pump and dump" on retail investors. The analyst also pointed out that $TRUMP has no real use case and that it is being promoted by "shillers" who are paid to pump the token.

Another crypto analyst said that $TRUMP is a "meme coin" and that it is not meant to be taken seriously.

The analyst said that people who are investing in $TRUMP are doing so for "fun" and that they should not expect to become rich from it.

Ultimately, whether or not to invest in $TRUMP is a personal decision that should be made based on individual risk tolerance and investment goals. Those who are considering investing in the token should do their own research and be aware of the risks involved.

With Trump’s involvement and the major token unlock approaching, the future of $TRUMP hangs in the balance. Will this become a legendary meme coin success story or will it end up as a politically-fueled pump-and-dump scheme? Only time will tell.